Two of Saudi Arabia’s largest financial institutions, Public Investment Fund of the Kingdom of Saudi Arabia, Saudi’s sovereign wealth fund, and Jada have expressed interest in the Maharlika Investment Fund (MIF), the…
Filipinos working abroad increased remittances by almost three percent to $3.1 billion in August, according to data from the Bangko Sentral ng Pilipinas (BSP). The surge in remittances is attributed…
Manila, Philippines – The Bank of the Philippine Islands (BPI) was recently awarded three golds and one silver in the 2022 Marketing Excellence Awards by Marketing-Interactive, which recognizes the best…
In recent years, the Philippine government has been actively seeking various funding sources to finance its infrastructure projects. This move comes amid calls to reduce reliance on a single country…
GCash is pulling out all the stops to make the comeback of Cebu’s Sinulog Festival more meaningful this year. With the annual festival in full swing, GCash’s G na sa…
Metropolitan Bank & Trust Co. (Metrobank) has expanded its partnership with PERA HUB of the Aboitiz Group to boost its remittance channels nationwide. Richard So, executive vice president and retail…
Land Bank of the Philippines (Landbank) has developed a new product. In order to help more unbanked and underserved Filipinos —such as students, public utility vehicle drivers, vendors, domestic workers,…
The banking industry have partnered with Ayala-led Globe Telecom Inc. to further enhance the banking industry’s collective efforts in tackling cybercrime. Bankers Association of the Philippines president Antonio Moncupa Jr.…
Bank of China (BOC) continues to upgrade and modernize its online facilities to support the efforts of the Bangko Sentral ng Pilipinas (BSP) to convert half of the country’s total…
RCBC president and chief executive officer Eugene Acevedo said access to finance has been among the challenges faced by MSMEs and the agriculture sector because banks require hard collateral, which…